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Showing 11 - 18 of 18 results for "Defence spending"

VanEck to launch defence ETF

ANDREW MCKEAN  |  MONDAY, 9 SEP 2024
... national security as international peacekeeping has deteriorated. Australia has also committed to increasing its defence spending. Budget papers show that by 2033-34, defence spending will reach $100 billion (around 2.3% of GDP), up from last year's ...

How this budget was built

ALEX DUNNIN  |  TUESDAY, 9 MAY 2023
... and tobacco and alcohol excise. These constraints set the scene for the expenditure side of the ledger. Sure, defence spending is up 5% to $40 billion in 22-23, and projected to jump 22% by 2027, and education spending is up 6% to $48 billion, but the ...

War in Ukraine sparks defence spend

ELIZABETH MCARTHUR  |  TUESDAY, 29 MAR 2022
... situation, most significantly due to Russia's invasion of Ukraine, has prompted a $270 billion commitment to defence spending in the Federal Budget. The increased allocation to defence will bring Australia's defence spending above 2% of GDP for the first ...

Budget big picture: Surplus on radar

ALEX DUNNIN  |  TUESDAY, 8 MAY 2018
... spending, the 17% increase in education spending, the 10% increase in health spending, and the 14% increase in defence spending. These expenditure increases account for 68% of the $72 billion uplift in projected outlays, slightly more than their 65% ...

Government debt on its way to $606bn

ALEX DUNNIN  |  TUESDAY, 9 MAY 2017
... expenditure growing $35 billion over the next four years, annual health expenditure growing $9 billion and annual defence spending growing $5 billion. At least the cost of the bureaucracy and general government will contract from $27 billion in 2016-17 ...

US/EU v Russia's lose-lose is China's win-win

BENJAMIN ONG  |  FRIDAY, 8 AUG 2014
... figure had fallen to 1.7%10 in 2008, and this was before the budgetary crisis that has hit European countries". Defence spending has already increased significantly in the US to fund its War - on Terror, in Afghanistan and Iraq - and still rising, and ...

Budget speech 2014 -15

... of a Government is to protect our people and strengthen our borders. The Government is committed to building defence spending to two per cent of GDP within a decade and by the middle of next year the Government will have a new strategic plan for the ...

The market's next 800-pound gorilla

MICHELLE BALTAZAR  |  TUESDAY, 21 JUL 2009
... cent of your budget is locked in, in pensions, aged pensions, single parent pensions, unemployment benefits, defence spending, Medicare, the PBS - all those things which the Australian community expects to continue," said Hockey. "So when you have net ...
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